District 15 · Marine Parade · RCR
Silversea
Marine Parade Road · Condominium · 99 yrs lease commencing from 2007
Current PSF
$2,117
+21.1% vs district median
Gross yield
3.2%
median rent $8,100/mo
3-year gain
11.3%
Transactions · 5y
108
28 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 636.844m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+207% premium
HDB median $690 psf
Area income
$13,500/mo median
residential zone
En-bloc potential28 / 100
19 years old · composite of plot use, age, tenure, value gap & size
Lease decay80 years left
worth 91.0%of freehold today (Bala’s Table) · loses ~5.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+3.7%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
The neighbourhood
P1 ring
Tanjong Katong Primary School 651m · Phase 2C 1.6× balloted · Afterschool @ Tanjong Katong Primary School 651m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Tanjong Katong Secondary School · 1.2km
Food
Marine Parade Central Blk 84 (84 Marine Parade Central Market And Food Centre) · 442m
Green
Marine Parade Rd Pk · 484m - 2 parks within 1km
Mall
Katong Shopping Centre · 487m
Health
Parkway East Hospital (hospital) · 1.8km
Who lives in Marine Parade
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
46,220
Median age
45 yrs
42% under 40 · getting older
Children 0–9
4,310
▼ 12% since 2015 · future P1 demand
Household size
3.2 avg
Homes
42% HDB
37% condo · 20% landed
Degree holders
48%
residents 15+
Commute
43% transit
37% drive
45 min+ to work
16%
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,160 psf - 3% above units on floors 1–5 ($2,101 psf).
Price trend average PSF by year
2021
$1,720
2022
$1,935
+12.5%
2023
$1,915
-1%
2024
$2,099
+9.6%
2025
$2,109
+0.5%
2026
$2,131
+1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $5,350/mo | $5.63 | 3.2% | 187 |
| 3BR | $8,000/mo | $5.16 | 2.9% | 245 |
| 4BR | $13,000/mo | $5.10 | 2.9% | 76 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $3,300,000 | 1,496 | $2,206 | 06-10 |
| May 2026 | $3,700,000 | 1,690 | $2,189 | 11-15 |
| May 2026 | $3,120,000 | 1,507 | $2,070 | 01-05 |
| May 2026 | $2,130,000 | 980 | $2,175 | 06-10 |
| Apr 2026 | $3,850,000 | 1,647 | $2,338 | 16-20 |
| Apr 2026 | $2,360,000 | 1,066 | $2,215 | 16-20 |
| Apr 2026 | $2,190,000 | 969 | $2,261 | 01-05 |
| Mar 2026 | $2,388,000 | 1,066 | $2,241 | 11-15 |
| Mar 2026 | $2,380,000 | 1,066 | $2,233 | 16-20 |
| Feb 2026 | $5,058,000 | 2,519 | $2,008 | 11-15 |
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More in District 15
The HDB blocks next door
The entry point, measured: what the resale flats around Silversea actually sell for - this project trades at 2.6× the nearest block’s PSF.